Leased Warehouse
For Lease
$750,000
11950 Richcroft Ave, Baton Rouge, LA 70814
Available for sale as a five-year sale-leaseback with a regional commercial roofing tenant in place.
Space SizeContact for details
Property Size8,000 SF
Days on Market140
Property Features for 11950 Richcroft Ave
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Industrial
Building Details
Building Size
8,000 SF
Listing Agency:
Elifin Realty
Listed By:
Alex Ruch · License #995714093
(225) 485-0238
Source:
Elifinrealty
Added: Jun 2
Changed: Oct 7
Last Checked: Oct 16 at 6:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elifin Realty
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Investment Insights
Based on property information with market context.
11950 Richcroft Ave is being offered as an investment opportunity featuring a five-year sale-leaseback structure. The property includes a regional commercial roofing tenant in place, providing an ongoing income component tied to the lease term.
The asset is located at 11950 Richcroft Ave in Baton Rouge, Louisiana. The offering is presented as a straightforward rental-backed transaction intended for investors seeking an established tenant relationship.
For buyers, this warehouse sale-leaseback format can be appealing when looking for income durability through an existing operating tenant. The current lease term is noted as five years, which may help frame underwriting assumptions around stability and timing. Tenants and brokers evaluating the space can view it as an ownership strategy where the tenant remains in place under the sale-leaseback arrangement.
The asset is located at 11950 Richcroft Ave in Baton Rouge, Louisiana. The offering is presented as a straightforward rental-backed transaction intended for investors seeking an established tenant relationship.
For buyers, this warehouse sale-leaseback format can be appealing when looking for income durability through an existing operating tenant. The current lease term is noted as five years, which may help frame underwriting assumptions around stability and timing. Tenants and brokers evaluating the space can view it as an ownership strategy where the tenant remains in place under the sale-leaseback arrangement.
Key Highlights
- Available for sale as a five‑year sale‑leaseback with a regional commercial roofing tenant in place.
- 5‑year sale‑leaseback structure with tenant already in place at 11950 Richcroft Ave.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70814, LA
14,061
Population
5,126
Households
2.7
Avg Household Size
37
Median Age
19%
College-Educated
92%
High-School Grad
8.9 sq mi
ZIP Area
1,580
Density / Sq Mi
$53,280
Median Household Income
$36,031
Median Earnings
$1,064
Median Rent
$181,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Baton Rouge, LA
$10.49 /SF/Yr
Avg Asking Price
$5.16–$26.27 /SF/Yr
Price Range
24,937 SF
Avg Space Size
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- The Armstrong Company — 12202 S Choctaw Dr, Baton Rouge, LA 70815
- AAA Transfer Of LA — 12202 S Choctaw Dr, Baton Rouge, LA 70815
- Square Space Storage — 13030 S Choctaw Dr, Baton Rouge, LA 70815, United States
- Otter Self Storage — 11520 Richcroft Ave, Baton Rouge, LA 70814
Frequently Asked Questions
What type of property is this?
Warehouse - Available for sale as a five-year sale-leaseback with a regional commercial roofing tenant in place.
Where is this warehouse located?
The property is located at 11950 Richcroft Ave Baton Rouge, LA.
What is the lease rate?
The lease rate is $750,000.
What are key features of this property?
This property features: Available for sale as a five‑year sale‑leaseback with a regional commercial roofing tenant in place.; 5‑year sale‑leaseback structure with tenant already in place at 11950 Richcroft Ave.
